PETALING JAYA (July 6): Daya Land & Development Sdn Bhd, an indirect subsidiary of Daya Materials Bhd, has proposed to dispose of its 51% stake in Semangat Global Sdn Bhd to Highstar Realty Sdn Bhd for RM3.
PETALING JAYA (July 6): Tan Sri Tony Fernandes’ Tune Group has slashed the number of its Tune Hotels worldwide, ended its partnership with Bangkok-based Red Planet Hotels and put several of its assets up for sale, reports The Edge Malaysia in its current issue.
KUALA LUMPUR (July 6): China-listed developer Agile Property Holdings Ltd plans to launch its debut project in Malaysia in the third quarter of 2015 (3Q2015).
Wanda One, the UK subsidiary of Chinese real estate company Dalian Wanda Group, will soon unveil its first release in River Tower – a collection of luxury apartments serviced by the Wanda Vista London five-star hotel.
KAJANG: MKH Bhd launches Saville@Cheras, which has a gross development value (GDV) of RM307 million, this weekend.
Setapak, a large and established suburb in the district of Gombak, Kuala Lumpur, has seen the average values of its high-rise homes outpace that of Kuala Lumpur’s on the back of a strong rental market, affordability and good access via road and light rail transit.
KUALA LUMPUR: UK-based Berkeley Group will be launching two high-end London residential projects in Kuala Lumpur this year.
UEM Sunrise Bhd (July 1, 99 sen ) Upgrade to buy with an unchanged target price (TP) of RM1.
Today, we look at price growth and indicative asking rental yields for non-landed residences in Kuala Lumpur’s Setapak area.
PETALING JAYA (July 1): OSK Property Holdings Berhad (OSK Property) has been listed on Forbes Asia’s Best Under a Billion 2015.
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